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Geely's November sales up 24.5% to 44,155 vehicles

Amanda Zheng From Gasgoo.com| December 09 , 2010 11:17 BJT

Shanghai December 9 (Gasgoo.com) Geely Automobile Holdings Ltd<0175> said vehicle sales in November rose 10.3% on the month and 24.5% on the year to 44,155 units.

Geely reported sales of 359,153 units in the first eleven months, a year-on-year increase of 27.4%, completing 90% of its 2010 sales target of 400,000 units.

Company data showed sales in October reached 40,018 units, up 24% from the previous month and 37% from a year earlier.

Zhejiang Geely Holding Group, the parent of Geely Automobile Holdings, said last week it aims to boost annual sales to two million vehicles by 2015, doubling its current market share to 5.8%.

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